TAMAN BANDAR BARU MASJID TANAH

Area Intelligence
5 subsale transactions
2024
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Median Price
RM 270,000
PSF: RM 151

Residential PSF Trends

Median Price

RM 260,000

PSF: RM 149

Commercial PSF Trends

Median Price

RM 600,000

RM 395 PSF

TAMAN BANDAR BARU MASJID TANAH in Alor Gajah, Melaka recorded 5 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 151.

This area contains both residential and commercial properties. View 15 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 270K, with most transactions falling within a stable range of RM 200K to RM 412K, and a typical market range of RM 228K to RM 312K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 151, though individual units vary from RM 47 to RM 255 in the core range. The broader market spans RM 116.63 to RM 185.38, indicating diverse property characteristics. A wider spread (IQR: RM 68.75) and deviation (MAD: RM 104) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BANDAR BARU MASJID TANAH, Alor Gajah, Melaka

OSM

Transactions

5 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,300 sqft
Single Storey Terraced
RM 200,000
BANDAR BARU 4
1,324 sqft · RM 151.00 PSF
Jan 2024
1,450 sqft
Single Storey Terraced
RM 250,000
JALAN TBBMT 2
1,432 sqft · RM 175.00 PSF
Apr 2024
1,500 sqft
Double Storey Shop
RM 600,000
JALAN BANDAR BARU M TANAH UTAMA
1,518 sqft · RM 395.00 PSF
Jun 2024
1,850 sqft
Single Storey Terraced
RM 270,000
JALAN TBBMT 15
1,851 sqft · RM 146.00 PSF
Mar 2024
3,550 sqft
Single Storey Terraced
RM 350,000
JALAN TBBMT 16
3,552 sqft · RM 99.00 PSF
Mar 2024